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17703 La Cantera Parkway

Big V Property Group Acquires Retail Property In San Antonio For $219.7M
SOLDRetail

Big V Property Group Acquires Retail Property In San Antonio For $219.7M

17703 La Cantera Parkway

$219,700,000

$210/SF

Building Size

1,042,000 SF

Asset Type

Retail

Closing

Jan 27, 2021

AI

The retail property located at 17703 La Cantera Parkway in San Antonio was recently sold for a price of $219,700,000. The transaction took place on January 27, 2021, and the property spans a total area of 1,042,000 square feet, resulting in a price per square foot of $211. The buyer of the property was Big V Property Group, represented by Jeffrey Rosenberg.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $219,700,000
  • Address: 17703 La Cantera Parkway
  • Market: San Antonio
  • Buyer: Big V Property Group - Jeffrey Rosenberg
  • Brokers: JLL
  • Square Footage: 1,042,000
  • Price per Square Foot: $211

JLL served as the brokers for this transaction. This sale represents a significant investment in the San Antonio retail market and highlights the confidence of the buyer, Big V Property Group, in the potential of this property. The involvement of Jeffrey Rosenberg from Big V Property Group further reinforces their commitment to the transaction. This sale further strengthens the position of both the buyer and the seller in the retail real estate market.

Players

Jeffery Rosenberg

Big V Property Group

Buyer

$410.7M

vol

5 deals

Buyer

San Antonio Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.07%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93